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Lawmaker fears A123 bankruptcy will have ripple effect (Updated/Corrected)

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A123 Systems declared bankruptcy this week despite receiving $249 million in stimulus funding, and a lawmaker responsible for overseeing the Energy Department’s decisions to subsidies green companies fears the damage could get worse. “A123’s bankruptcy is a sign that the Obama administration’s green house of cards is starting to collapse,” said House Oversight and Investigations Subcommittee...

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